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PSTG Stock Forecast: Pure Storage Inc. Price Predictions for 2025

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$48.70

-0.28 (-0.57%)

PSTG Stock Forecast 2025-2026

$48.70
Current Price
$15.93B
Market Cap
21 Ratings
Buy 15
Hold 5
Sell 1
Wall St Analyst Ratings

Distance to PSTG Price Targets

+91.0%
To High Target of $93.00
+43.7%
To Median Target of $70.00
-17.9%
To Low Target of $40.00

PSTG Price Momentum

+2.4%
1 Week Change
+18.5%
1 Month Change
-10.5%
1 Year Change
-20.7%
Year-to-Date Change
-33.9%
From 52W High of $73.67
+41.1%
From 52W Low of $34.51
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Latest PSTG Stock Price Targets & Analyst Predictions

Based on our analysis of 38 Wall Street analysts, PSTG has a bullish consensus with a median price target of $70.00 (ranging from $40.00 to $93.00). The overall analyst rating is Strong Buy (8.2/10). Currently trading at $48.70, the median forecast implies a 43.7% upside. This outlook is supported by 15 Buy, 5 Hold, and 1 Sell ratings.

The most optimistic forecast comes from Howard Ma at Guggenheim, projecting a 91.0% upside. Conversely, the most conservative target is provided by Matt Bryson at Wedbush, suggesting a 17.9% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

PSTG Analyst Ratings

15
Buy
5
Hold
1
Sell

PSTG Price Target Range

Low
$40.00
Average
$70.00
High
$93.00
Current: $48.70

Latest PSTG Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for PSTG.

Date Firm Analyst Rating Change Price Target
Apr 28, 2025 Evercore ISI Group Amit Daryanani Outperform Maintains $60.00
Apr 14, 2025 Citigroup Asiya Merchant Buy Maintains $55.00
Apr 8, 2025 Piper Sandler James Fish Overweight Maintains $53.00
Feb 27, 2025 Needham Mike Cikos Buy Reiterates $75.00
Feb 27, 2025 Citigroup Asiya Merchant Buy Maintains $77.00
Feb 27, 2025 B of A Securities Wamsi Mohan Neutral Maintains $73.00
Feb 27, 2025 UBS David Vogt Sell Maintains $50.00
Feb 21, 2025 Citigroup Asiya Merchant Buy Maintains $80.00
Dec 17, 2024 Morgan Stanley Meta Marshall Equal-Weight Maintains $72.00
Dec 4, 2024 UBS David Vogt Sell Maintains $47.00
Dec 4, 2024 Lake Street Eric Martinuzzi Buy Maintains $70.00
Dec 4, 2024 Needham Mike Cikos Buy Maintains $75.00
Dec 4, 2024 Barclays Tim Long Equal-Weight Maintains $61.00
Dec 4, 2024 Evercore ISI Group Amit Daryanani Outperform Maintains $75.00
Dec 4, 2024 Northland Capital Markets Nehal Chokshi Market Perform Reiterates $63.00
Dec 4, 2024 Piper Sandler James Fish Overweight Upgrade $76.00
Dec 4, 2024 Stifel Matthew Sheerin Hold Maintains $65.00
Dec 4, 2024 Citigroup Asiya Merchant Buy Maintains $75.00
Dec 4, 2024 JP Morgan Pinjalim Bora Overweight Maintains $75.00
Nov 19, 2024 Citigroup Asiya Merchant Buy Maintains $63.00

Pure Storage Inc. (PSTG) Competitors

The following stocks are similar to Pure Storage based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Pure Storage Inc. (PSTG) Financial Data

Pure Storage Inc. has a market capitalization of $15.93B with a P/E ratio of 157.1x. The company generates $3.17B in trailing twelve-month revenue with a 3.4% profit margin.

Revenue growth is +11.4% quarter-over-quarter, while maintaining an operating margin of +4.8% and return on equity of +8.3%.

Valuation Metrics

Market Cap $15.93B
Enterprise Value $14.64B
P/E Ratio 157.1x
PEG Ratio 26.3x
Price/Sales 5.0x

Growth & Margins

Revenue Growth (YoY) +11.4%
Gross Margin +67.5%
Operating Margin +4.8%
Net Margin +3.4%
EPS Growth -35.2%

Financial Health

Cash/Price Ratio +9.6%
Current Ratio 1.6x
Debt/Equity 21.5x
ROE +8.3%
ROA +1.7%
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Pure Storage Inc. logo

Pure Storage Inc. (PSTG) Business Model

About Pure Storage Inc.

What They Do

Provides high-speed data storage solutions.

Business Model

Pure Storage generates revenue primarily through the sale of its flash-based storage products and innovative subscription-based pricing models. This allows enterprise clients to scale their storage needs flexibly while reducing overall IT costs, enhancing their data management efficiency.

Additional Information

The company targets industries with critical data management needs, such as healthcare, financial services, and retail. Known for reliability, scalability, and energy efficiency, Pure Storage is headquartered in Mountain View, California, and focuses on simplifying complex data environments.

Company Information

Sector

Technology

Industry

Computer Hardware

Employees

6,000

CEO

Mr. Charles H. Giancarlo

Country

United States

IPO Year

2015

Pure Storage Inc. (PSTG) Latest News & Analysis

Featured Analysis
Powered by Zacks Investment Research

Pure Storage (PSTG) Flat As Market Sinks: What You Should Know

Pure Storage (PSTG) closed at $47.58 in the latest trading session, marking no change from the prior day.

May 06, 2025 By Zacks Equity Research Tale of the Tape

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May 06, 2025 By Zacks Equity Research Tale of the Tape

Pure Storage (PSTG) Stock Declines While Market Improves: Some Information for Investors

In the latest trading session, Pure Storage (PSTG) closed at $45.36, marking a -0.48% move from the previous day.

Apr 30, 2025 By Zacks Equity Research Tale of the Tape

Latest News

PSTG stock latest news image
Quick Summary

Pure Storage (PSTG) is gaining attention from Zacks.com users, indicating potential investor interest and warranting further examination of its future performance.

Why It Matters

Increased attention from Zacks.com users indicates heightened interest and potential volatility in Pure Storage's stock, which could impact trading strategies and investment decisions.

Source: Zacks Investment Research
Market Sentiment: Positive
PSTG stock latest news image
Quick Summary

Wall Street analysts' recommendations influence investor decisions on buying, selling, or holding stocks, with rating changes often impacting stock prices.

Why It Matters

Analyst ratings influence stock prices, impacting investment decisions. Changes in recommendations can lead to volatility, affecting market sentiment and portfolio performance.

Source: Zacks Investment Research
Market Sentiment: Neutral
PSTG stock latest news image
Quick Summary

Pure Storage (NYSE: PSTG) will host a conference call on May 28, 2025, at 2:00 p.m. to discuss its data storage technology and services.

Why It Matters

Pure Storage's upcoming conference call may provide insights into its financial performance and strategic direction, impacting investor sentiment and stock price.

Source: PRNewsWire
Market Sentiment: Neutral
PSTG stock latest news image
Quick Summary

Pure Storage (PSTG) closed at $47.58, unchanged from the previous trading day.

Why It Matters

Pure Storage's stagnant share price at $47.58 may indicate market uncertainty or lack of momentum, impacting investor confidence and future trading decisions.

Source: Zacks Investment Research
Market Sentiment: Negative
PSTG stock latest news image
Quick Summary

Pure Storage (PSTG) closed at $45.36, reflecting a decline of 0.48% from the previous trading session.

Why It Matters

The slight decline in Pure Storage's stock price indicates potential volatility and market sentiment, which may influence investment decisions and future price movements.

Source: Zacks Investment Research
Market Sentiment: Neutral
PSTG stock latest news image
Quick Summary

Pure Storage (PSTG) closed at $45.38, down 0.7% from the previous trading session.

Why It Matters

Pure Storage's slight decline indicates potential volatility or market sentiment shifts, affecting investor confidence and future stock performance.

Source: Zacks Investment Research
Market Sentiment: Neutral

Frequently Asked Questions About PSTG Stock

What is Pure Storage Inc.'s (PSTG) stock forecast for 2025?

Based on our analysis of 38 Wall Street analysts, Pure Storage Inc. (PSTG) has a median price target of $70.00. The highest price target is $93.00 and the lowest is $40.00.

Is PSTG stock a good investment in 2025?

According to current analyst ratings, PSTG has 15 Buy ratings, 5 Hold ratings, and 1 Sell ratings. The stock is currently trading at $48.70. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for PSTG stock?

Wall Street analysts predict PSTG stock could reach $70.00 in the next 12 months. This represents a 43.7% increase from the current price of $48.70. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Pure Storage Inc.'s business model?

Pure Storage generates revenue primarily through the sale of its flash-based storage products and innovative subscription-based pricing models. This allows enterprise clients to scale their storage needs flexibly while reducing overall IT costs, enhancing their data management efficiency.

What is the highest forecasted price for PSTG Pure Storage Inc.?

The highest price target for PSTG is $93.00 from Howard Ma at Guggenheim, which represents a 91.0% increase from the current price of $48.70.

What is the lowest forecasted price for PSTG Pure Storage Inc.?

The lowest price target for PSTG is $40.00 from Matt Bryson at Wedbush, which represents a -17.9% decrease from the current price of $48.70.

What is the overall PSTG consensus from analysts for Pure Storage Inc.?

The overall analyst consensus for PSTG is bullish. Out of 38 Wall Street analysts, 15 rate it as Buy, 5 as Hold, and 1 as Sell, with a median price target of $70.00.

How accurate are PSTG stock price projections?

Stock price projections, including those for Pure Storage Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: May 12, 2025 11:43 AM UTC
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